Restaurants News – Page 499
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Powell appointed RHWB FD
Red Hot World Buffet has made a further move to strengthen its management team, with the appointment of Matt Powell as its new finance directo
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Hutton Collins agrees to acquire Byron in £100m deal
The Gondola Group has agreed to sell its fast-growing Byron brand to private equity group Hutton Collins, for a consideration of £100m.
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Ping Pong enters UAE franchise agreement
Ping Pong has entered into a franchise agreement, which will see it further expand in the United Arab Emirates (UAE), with eight restaurants planned to open over the next eight years
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Soho House UK FY turnover climbs 2.2%
Soho House has reported a 2.2% rise in turnover to £65.3m for the year to 30 December 2012 across its UK operations and stated its ambition to open further sites under its Little House format
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Iberica secures Victoria site
Iberica Food & Culture is understood to have secured a site in London’s Victoria, as part of the Land Securities redevelopment of the area
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Turtle Bay grows pipeline
Turtle Bay, the six-strong Caribbean restaurant chain led by Aj Jaya-Wickrema, is believed to be close to securing three new sites as part of plans to open five new units during 2014
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ONE Group plans STK UK expansion
The ONE Group, owners of international restaurant group STK, has announced plans to further expand the premium steakhouse brand within major cities across the UK after attracting $44.3m (£27.3m) of new investment
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Jamie’s Italian launches loyalty scheme
Jamie’s Italian, the casual dining chain spearheaded by Jamie Oilver, has launched a Gold Club loyalty scheme
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Mezze considers funding options
West Country restaurant chain Mezze is considering its funding options as it looks to grow its current six-strong estate to up to 16 units over the next three years
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My Old Dutch targets up to 30 sites
My Old Dutch, the London-based pancake house operator, hopes to open up to 30 sites and has identified a number of target locations outside the capital, M&C Reporthas learnt
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Fine Food Co to launch Coffee Dogs concept
Fine Food Co is to launch a new US-influenced, all-day concept called Coffee Dogs, in the new retail square at King’s Cross early next year
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Pizza Hut to undertake £60m estate overhaul
Pizza Hut Restaurants, the Rutland Partners-backed group, is to undertake a £60m investment programme across its estate, which will see the introduction of a new menu, new uniforms and a new design, M&C Report has learnt
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Nineteen Ten Mexican Kitchen eyes expansion
Nineteen Ten Mexican Kitchen is to open its second site in the capital, after securing a site in South Kensington, as it looks to ramp up its expansion plans
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PizzaExpress launches autumn menu
PizzaExpress, the Gondola-owned chain, has launched its new autumn menu this week, with more pizza options than ever and a wider range of dishes
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Wagamama launches autumn/winter menu
Wagamama is to launch several new sides, mains, a juice and dessert from 22 October at all its UK restaurants as part of its new autumn/winter menu
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Cote & Bill's close in on Bury St Edmund units
Cote and Bill’s, the former sister brands, have applied to open in adjacent units in the centre of Suffolk town Bury St Edmunds
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Giraffe to launch KIOSK format
Giraffe, the Tesco-owned restaurant group, will launch a new grab and go brand variant in December, Giraffe KIOSK, in the front square of the newly redeveloped King’s Cross retail space
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Gondola delivers strong performance
M&C Report takes a closer look at the full-year update from Gondola Group, the operator of PizzaExpress, Zizzi, ASK and Byron, including its capital structure, international expansion plans, the repositioning of Zizzi, a new FD for ASK, a breakout year for Byron and its feeling that there are early signs of recovery in the broader economy
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Prezzo to open 16 sites before Christmas
The restaurants will be spread across the UK, including Ripon, Preston, Birmingham, Oxford, Gloucester and Trowbridge
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Zing Zing lines up second site
Zing Zing, the new Chinese devliery concept, has lined up a second site in Camden as it looks to ramp up its presence in London